Global Gaming Monitor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Gaming monitors are types of monitors, which are made to make graphics card and CPU output seem as nice as possible while gaming. They are in charge of presenting the end result of all computer's picture rendering and processing, but their depiction of color, motion, and image sharpness might be quite different than ordinary monitors.
Market Overview:The latest research study on the global Gaming Monitor market finds that the global Gaming Monitor market reached a value of USD 8016.0 million in 2022. It’s expected that the market will achieve USD 10635.41 million by 2028, exhibiting a CAGR of 4.83% during the forecast period.
COVID-19 has led to increased interest in gaming
The COVID-19 outbreak has brought major changes to the world. In the first few months, people were forced to stay indoors, especially when several countries around the world imposed partial or complete lockdowns to curb the spread of the virus.
Consumers are therefore forced to explore their interests while at the same time they follow social distancing norms. This has led to an increase in the demand for gaming monitors, as gaming has become one of the most popular activities that have attracted much attention during the lock-in period.
Therefore, the pandemic has led to a substantial increase in the sales of gaming monitors and maintains market balance. Once the market reopens without any restrictions, the market will experience a positive recovery.
The replacement of flat surfaces by curved displays has become a new trend
Although many current e-sports players still like to use flat displays, curved displays have become a new development trend. In simple terms, the curved display is more in line with the structure of the human eye, making it more comfortable to watch for a long time, and the ultra-high picture quality presents an overwhelming viewing immersion.
The comparative test report for key indicators such as brightness, brightness uniformity, contrast, and distortion improvement rate shows that, compared with flat surfaces, curved displays have better overall image quality performance.
The growth of digital infrastructure
Due to the emergence of affordable electronic products and low-cost data services, the rapid growth of digital infrastructure may bode well for the gaming monitor market. This is also supported by the rising Internet penetration rate. Internet penetration is directly related to the large-scale adoption of e-sports, and e-sports itself is the source of major market growth. In addition, the ever-increasing population of young people and their easy access and control on the Internet are key factors driving the demand for online games.
Expansion of the online game industry surges
Due to the fruitful expansion of online gaming tournaments, the gaming monitor market is expected to increase. The industry is expected to be driven by gaming platforms such as e-sports. In the current market situation, e-sports has witnessed huge market demand and promoted the global game business.
The increase in Internet infrastructure is also an important driving force for industry expansion. Curved panels and refreshed monitors are the latest trends. Over time, as more gamers are attracted to them for a better experience, they are expected to promote the development of the gaming monitor market.
Region Overview:In global comparison, a significant portion of the revenue was generated in North America (35.01% in 2022).
Company Overview:Samsung is one of the major players operating in the Gaming Monitor market, holding a share of 16.32% in 2023.
Samsung
Samsung specializes in the production of a wide variety of consumer and industry electronics, including appliances, digital media devices, semiconductors, memory chips, and integrated systems. It has become one of the most-recognizable names in technology and produces about a fifth of South Korea's total exports.
AOC
AOC International is a Taiwanese electronics company. It is based in Taipei and manufactures displays like computer monitors and televisions. It is a subsidiary from TPV Technology.
Segmentation Overview:As for product types, the 25 Inches or More segment held the largest market share in 2022.
Application Overview:The market's largest segment by application is the segment Civil Use, with a market share of 85.31% in 2022.
Key Companies in the global Gaming Monitor market covered in Chapter 3:Acer
Lenovo
ASUS
BenQ (ZOWIE)
Samsung
LG
MSI
Dell
AOC
HP
In Chapter 4 and Chapter 14.2, on the basis of types, the Gaming Monitor market from 2018 to 2029 is primarily split into:Less Than 23 Inches
23-25 Inches
25 Inches or More
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gaming Monitor market from 2018 to 2029 covers:Civil Use
Commercial
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)